STOCKS | Alibaba, JD.com Slide After China Regulator Scolds E-Commerce Promotions
2026-06-11 07:17:59
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players for what it called misleading promotions. According to Bloomberg, the move is Beijing’s latest warning against unchecked competition in China’s vast online retail arena.
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